Medicenna Therapeutics (TSE:MDNA) Trading 0.6% Higher – Time to Buy?

Medicenna Therapeutics Corp. (TSE:MDNAGet Free Report) shares traded up 0.6% during mid-day trading on Thursday . The company traded as high as C$1.91 and last traded at C$1.70. 102,231 shares were traded during mid-day trading, a decline of 5% from the average session volume of 107,412 shares. The stock had previously closed at C$1.69.

Medicenna Therapeutics Price Performance

The firm has a market capitalization of C$110.82 million, a P/E ratio of -3.82 and a beta of 1.21. The business’s 50-day simple moving average is C$2.14 and its 200 day simple moving average is C$2.18. The company has a quick ratio of 4.65, a current ratio of 2.51 and a debt-to-equity ratio of 0.06.

About Medicenna Therapeutics

(Get Free Report)

Medicenna Therapeutics Corp., an immunotherapy company, engages in the development and commercialization of Superkines and empowered Superkines for the treatment of cancer and other diseases. It develops MDNA55, an interleukin- 4 (IL-4) EC for the treatment of recurrent glioblastoma, as well as for brain tumors.

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